Date: 6 months ago   Category: Financial

Ukraine twice reduced gas transit cost


The decision of NKREKP can promote signing of the favorable transit contract after 2019, the head of the commission noted. The national commission which is carrying out state regulation in the sphere of power and utilities (NKREKP) lowered twice tariffs for services of transportation of natural gas for entry points and an exit. About it on Friday, December 21, the head of the commission Oksana Krivenko in Facebook reported. "We enter in new 2019 with the European competitive tariffs", - Krivenko wrote. The head of NKREKP explained that she will change: 1. Influence on the gas price. The specified tariffs are a component of the final price of gas for consumers: the price of the imported gas in the wholesale market will decrease by $6. 2. Competitiveness of GTS. The Ukrainian gas transmission system will set the competitiveness as absolute and more economic alternative to Nord Stream and other roundabout gas pipelines. Such decision can promote signing of the favorable transit contract after 2019. 3. Investment attractiveness. The load of the gas pipelines and gas storages first of all involved in supply of fuel to the Ukrainian market can increase. The gas industry received an additional incentive for increasing production. 4. International position. Ukraine once again proved that it is a reliable and perspective partner. It is necessary to win the competition for investments and load of the gas transmission system. "For sceptics of such decision. The tariff covers all operating expenses of GTS operator and provides sufficient profit level for investments", - Krivenko added. As it was reported, tariffs for gas transportation services for all cross-border entry points in GTS will lower by 2.1 times – from $12.47 to $6.04 for 1 thousand CBM a day (without the VAT). Tariffs for points of an exit will be reduced by 1.5-2.1 times. NKREKP will also lower tariffs UTG for an entry point in GTS for mining companies by 3.3 times – from 296.8 UAH to 89.02 UAH for 1 thousand CBM a day (without the VAT). News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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